Equities Market
· The Equity Bourse recorded an upward swing as the NSE ASI and Market capitalization both appreciated by 0.75% to 24,278.07 Index Points and N12,664.88Tr respectively. Year-to-Date ASI is still at a Negative of -9.55%.
· Number of Trades decreased by -13.23% to 3,523 deals while Volume of Trades and Value of Trades both increased by 49.56% and 80.65% to 232.609 Million trades and N4.698 BILLION respectively.
· WAPCO topped the gainers’ table as percentage price change was 10.00%, while BERGER led the losers’ chart with percentage price change of -9.63%.
· Market breadth was Positive with Twenty-Five (25) price gainers and Eight (8) price losers.
Foreign News
German industrial output rebounds, firms see brighter outlook